Archives for October 2018
Value of Texas merger deals jumps
The number of mergers and acquisitions involving Texas companies declined slightly during the third quarter of 2018, but the size of the deals dramatically increased. Source: FuelFix
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OPEC lurches from 'pump all you can' to mulling cuts in just days
OPEC signaled it could cut output in 2019 due to concerns about rising oil inventories and economic uncertainty, lurching away from a pledge made just days ago to pump flat out. Source: FuelFix
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How the world economy could double with minimal increase in energy demand
The global economy could double in decades ahead with only a marginal increase in energy demand if industry adopted a more efficient use of energy supplies, the International Energy Agency said in a new report....
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ConocoPhillips posts big earnings, revenue gains
Houston’s ConocoPhillips reported a $1.86 billion profit for the third quarter, that’s up more than four times from the $420 million quarterly gain from a year ago. Source: FuelFix
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Oil steadies near two-month low as equity markets rout eases
Oil steadied near the lowest level in two months as a rout in global equity markets abated. Futures in New York fell 0.2 percent, paring earlier decline of as much as 1.2 percent. Source: FuelFix
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